Key facts
- National Home Corp. aims for an 18% gross margin.
- The company is prioritizing construction pace to maintain affordability.
- National Home Corp. focuses on standardized plans and spec construction.
- CEO Michael Bergman expects to close over 800 homes in 2026.
- The company plans to have 1,200 homes under construction by year-end 2026.
National Home Corp. CEO Michael Bergman is driving the company toward an 18% gross margin by emphasizing construction pace and operational discipline, a strategy designed to maintain affordability for entry-level buyers in a challenging market.
Bergman, who took over as CEO in late 2025, is focused on increasing the company's production capacity. National Home Corp. is pacing to close over 800 homes this year and aims to have approximately 1,200 homes under construction by the end of 2026. This aggressive pace, coupled with standardized plans, spec construction, and rapid inventory turns, is key to the company's business model.
The company's approach, developed over decades by co-founder Wade Jurney, prioritizes building backward from what a working household can afford. This involves finished lots, repetitive floor plans, disciplined purchasing, low overhead, and minimizing capital exposure.
National Home Corp. has shown significant growth since its inception, closing 25 homes in 2022, 304 in 2023, and 747 in 2024. Despite a dip to 550 closings in 2025 due to market headwinds, Bergman expects a rebound to over 800 closings this year. The focus remains on operational execution to support future growth, potentially enabling 1,500 to 1,800 closings in 2027.
Discussion